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Post by ashleysegalla on May 3, 2014 17:09:06 GMT -6
Productive paranoia is a way that leaders can make their own luck. If they are paranoid about their business failing, then they are more likely to succeed. You should create a future for your business, then see if it works, and adapt. You should prepare for bad luck events. You don't know when they will happen, but it is a good idea to prepare for them.
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Post by jsherman on May 4, 2014 14:18:17 GMT -6
Cool video and explanation of how leaders today achieve their goals. That's what sets them apart from the competition as far as their business being ahead of the group. This was a great video with details and everything. I really enjoyed it.
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Post by darnette on May 4, 2014 21:54:56 GMT -6
The main three characteristics/ skills managers are good at are productive paranoia, they are worrying about what can go wrong. Another is being a fanatic discipline, meaning they are fanatic about the commitment to their success to reach their goals. And then there is empirical creativity, which is where managers' brewed ideas into actual data, and came up with innovative ideas based off research or data. There is no such thing as managers having good luck. Good things happen to great managers because they made it happen or their employees help make it happen.
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Post by brettstirling on May 4, 2014 21:56:09 GMT -6
It's strange to imagine productive paranoia and fanatic discipline being useful in turning "luck" your way. I do know that empirical data is always important; blind guessing does no one any good. I don't believe in luck in the business world. As he described, luck was equally good and equally bad in their studies. However, each return on the luck was different, which can simply explained by ROI. The higher the investment prior to an unknown situation the better the return will likely be. Prepare for bad luck, recognize good luck, execute brilliantly on good luck. Very simple, but very important points to remember.
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Post by nataliedodds on May 4, 2014 22:01:24 GMT -6
I'm not quite sure I believe in luck nor the fact that someone can create good luck for their company. I do believe that a person's actions determines results. If a leader makes smart decisions, the company is more likely to be successful. A company who's leader is selfish and unethical is less likely to have a good outcome. I think of it as more of a cause-and-effect method rather than pure luck. Our decisions shape our fate.
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Post by brittanycompton on May 5, 2014 16:01:56 GMT -6
Good leaders definitely create their own luck because they make the right choices and pick the right people for their team. Obviously if your not a good leader it is a result with your company and employees. Having a reasonable outlook at how things should work will allow people to have good luck and result is high earnings. I believe that I am a good leader although I don't always have the best luck but I am learning everyday. It definitely is a trial or error world. I think with practice and the type of things that come to you that depends on how your look can turn out. We are all human we will all make mistakes as a manger at some point in our life
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Post by robertnicholson on May 6, 2014 11:42:23 GMT -6
Worrying will not do anyone any good. When you are overwhelmed with something, instead of worrying about it, take a step back and look at your situation. Look specifically about what you need to do or what you need to not do. Talk with your coworkers about what you need to accomplish. Instead of looking at what you can’t do to improve the situations, look at what you can do.
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Post by jjohnson on May 6, 2014 18:57:14 GMT -6
Good video. Leaders should be innovative in their thinking and overall actions. They were lucky because they made the right choice at the right time, but bad luck isn’t always a bad thing. You learn from your bad luck, or failures, and know what not to do. Overall, I liked the video and took a good lesson from it.
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Post by jimmykotter on May 6, 2014 21:22:42 GMT -6
productive paranoia reminds me of another term that is called productive stress. productive stress is a very good motivator. some people are unable to motivate themselves. when we can harness the power of productive paranoia some amazing things can happen. i find that one of the biggest motivators for me while playing guitar because i don't want to sound stupid.
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Post by asanchez on May 6, 2014 23:53:12 GMT -6
Again with these boring Harvard videos. Are they giving these lectures in a library? I do agree with the idea of creating your own luck. I think this is something we all are capable of because we are educated and have the drive to accomplish great things. I'm not completely sure as to what he's getting at in this video because he basically says that people such as bill gates are just luck because they are often wrong just like everyone else. I think the biggest problem I have with his statements is that he seems to be talking about business and comparing it to changing the world with a new thing out of nothing. I think that in business you need to have more structure, but when you're in the world creating something new and not within the confines of a business there's a different set of rules.
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Post by Shondrea Lovette on May 7, 2014 21:07:44 GMT -6
A good leader is a game changer. A good leader is one who makes things happens and create there own luck. A good leader sets the example before his follower and then executes the game plain by displaying the qualities of the example there are setting. So a good leader create there own luck by producing actions and by being productive in create leadership in other people. So basically a good leader is one who create luck by being productive in there actions.
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Post by susiekaz on May 7, 2014 21:49:49 GMT -6
This video was interesting because I never thought being paranoid and worry about bad events would actually help you to be a better leader. I do agree with the speaker when he talked about betting big on project you are not sure about. Today's world is all about trying things out and either moving forward if they work or changing them and relaunching if they do not work. It's not a good idea to plan for a big launch if you do not know how it will turn out. All too many times people spend a bunch of time and money on something they are not sure about. Today is about be flexible and accepting of changes.
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Post by Shondrea Lovette on May 7, 2014 22:04:46 GMT -6
A good leader is one who plans ahead for the future. I generally don't believe in luck but I believe success is achieve through hard work and dedicated. I believe is not so much lucky but I believe a leader is successful by the amount of hard work and dedication that they put into there efforts.
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Post by kourtneyb on May 7, 2014 22:25:12 GMT -6
Prepare for bad luck is something I think many entrepreneurs overlook. Yes you want to be positive however at times some people are to optimistic. In statistics my professor always stresses underestimate revenue and overestimate budget. If you do these two things you can never be surprised, and if you happen to have bad luck the gap will be smaller because of the estimates that you have made.
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Post by halearnold on May 8, 2014 13:21:28 GMT -6
Why oh why are these videos so vanilla. There isn't a "personality" from the interviewer. Thank goodness the speaker just took over and went with it. I like how he perpetuated the ideas that leaders make their own luck. In essence they control their own fate. It's not randomness, but a specific skillset that takes one from average to awesome.
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